Simply Wall St cuts fair value for Otis Worldwide stock to USD 73

Published on 10/02/2026 at 14:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 3.86 billion, up 7.30 percent year over year. Otis Worldwide stock costs EUR 57.64 on October 2, 2026 after EUR 57.35.

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Simply Wall St cut its fair value estimate for Otis Worldwide stock from USD 75.00 to USD 73.00 in an update on October 2, 2026. The move puts valuation discipline beside a valid Lang & Schwarz quote of EUR 57.64, which was up 0.51 percent versus the EUR 57.35 prior close.

Analyst value estimate moves lower

The Simply Wall St update says analysts have trimmed fair value estimates across several firms and identifies execution, margin and earnings-expectation risks. Its USD 73.00 estimate is 2.67 percent below the previous USD 75.00 estimate, a concrete sign that the valuation debate has become more cautious.

The same update cites a USD 73.00 fair value against a USD 64.48 primary-market reference on October 1, 2026. That comparison leaves the estimate 14.74 percent above the NYSE reference, although the two prices are in different currencies and are not interchangeable with the euro quote.

Service growth offsets equipment weakness

MarketBeat reports that Otis generated USD 3.86 billion of revenue in the second quarter of 2026, compared with a USD 3.76 billion consensus estimate. Revenue increased 7.30 percent from the same quarter a year earlier, while earnings per share of USD 1.01 matched consensus.

That mix matters because the companys Service business supplied the main operating support. StockTitan says Service net sales rose 11.00 percent in the second quarter, while New Equipment sales were flat and weakness in China and Europe, the Middle East and Africa offset growth elsewhere.

CEO succession adds a second test

FinanzNachrichten reported on September 15, 2026 that Chair, President and CEO Judy Marks plans to retire when a successor is appointed, with the transition expected in the first half of 2027 or by July 31, 2027. The board has begun a search, making execution through the transition an important operating variable.

For investors, the numbers point in two directions: second-quarter revenue growth and Service demand provide support, while the lower fair value estimate and the leadership change raise the importance of margin delivery and succession execution.

Otis stock trades in Germany

Otis Worldwide was trading at EUR 57.64 at Lang & Schwarz on October 2, 2026 at 2:07 p.m. CEST, plus 0.51 percent versus the prior close of EUR 57.35. The primary listing is on the NYSE, where the stock last stood at USD 64.48 on October 1, 2026 at 4:00 p.m. EDT.

The further course of trading is shown by the continuously updated real-time quote of Otis Worldwide stock.